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Search Results 0 to 22 of about 23 (some duplicates have been removed)
be created in the coming months. that of course is a really big thing. more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this week -- has not been kind to the republican candidate as polls have shown him falling behind the president. but he is not showing any change in confident. >> i've got a little secret here and that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> he's going to have to overcome a big deficit to do it, but people do like a comeback kid. max, jen, the obama campaign press secretar
getting a handle on the deficit. also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts by limiting deductions for taxpayers especially the wealthy. so this isn't really a major break from what he said before. he's just kind of shifting the emphasis, playing up a different part of his plan. >> so deductions. what deductions would mr. romney limit? >> now, that is the $5 trillion question. we tonigdon't know. he has hinted he may scale back the mortgage deduction for wealthy homeowners. think about how many tax deductions are out there. charitable giving, he state and local taxes. it won't be politically easy to scrap any of them because they're popular. s
the deficit or popular deductions. >> you're the master of the budget. so briefly let's go through the plan. the obama plan says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years. true? >> not in the least bit true. look, this just goes to show, if you for tur statics enough, they will confess enough to what you want them to say. >> how much would it cost? >> it's revenue neutral. >> i'm not talking about the cut. we'll get to the deductions. but the cut in the tax rates. >> the cut in tax rates is lower all american tax rates by 20%. >> how much does that cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. >> that's where i'm going. >> i'm going to get to that in a second. >> lowering the tax base works and you can. >> let me just -- you haven't given me the math. >> look, i don't have the -- it would take me too long to go overall of the math. >> it would take too long to do the math? this isn't a pop quiz. it's a presidential election. even the conservatives are fed up with the lack of deta
a trade deficit explode. take auto parts. ten years ago, the trade deficit was $1 billion with choina on auto parts. today it's $10 billion. that's why the president at the ur urging of a number of us, they have taken china to the world trade organization to show china is cheating and to ask for tariffs to protect american companies and to protect american workers. and we're seeing a pattern of the government finally on the side of workers, finally on the side of american manufacturing, standing up for american workers against china. we have a new steel mill. we're seeing jobs actually come to this country or stay in this country because we're standing up and enforcing trade rules. >> romney and the republicans keep talking about another tax cut for the job creators. don't we just see them increasing their profits by outsourcing this way? i mean, the model that romney wants to lay on the country, how could it be good for workers in ohio? >> well, it's not. we tried these tax cuts for the rich. hoping it trickles down to the middle class, it doesn't work. what works is when you build t
in the end a president piled up huge deficits that will cripple our children and grandchildren. look at the mess in the middle east where the president for ten days didn't tell the american people the truth about what happened in the death of an american ambassador. there's plenty of ammunition. but it has to be delivered in a firm systemically order way and people look up and go that's right. there's a simple test here. do you want four more years of obama? do you think this is the right direction? or do you think we need something new? i think a campaign which made that case clearly enough would carry ohio and florida by big margins. >> mitt romney was in westerville, ohio, today. i want to play a little clip of part of something he said and get your reaction to it. listen. >> okay. >> i want to bring the rates down. by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> so he's trying to combine if i take it right the tax and the deficit argument. do you think that's a little too complicated for voters? do you think that re
category, voters in those same states say he would do a better job on the deficit. and both candidates will be appearing in the cleveland and toledo area today and romney will also be making a stop near columbus. >> it's on. thanks. two powerful bombs exploded in the syrian capital of damascus this morning. the explosion detonated minutes apart followed by gunfire. the attack was blamed on terrorists. damascus has been rocked by a series of bombings in recent months as the uprising against president bashir al assad escalates. >> egypt's president is scheduled to address the u.n. general assembly. his remarks will be closely watched for signs of what direction egypt's new government may go. on tuesday president obama addressed the general assembly. he urged world leaders to reject extremism citing the murder of the u.s. ambassador in libya and three others. >> i would like to begin today by telling you about an american named chris stevens. >> reporter: the president told world leaders that the slain u.s. ambassador to libya, chris stevens, had gone to benghazi to establish a cultural c
a better job on the deficit. and both candidates will be appearing in the cleveland and toledo area today and romney will also be making a stop near columbus. >> it's on. thanks. two powerful bombs exploded in the syrian capital of damascus this morning. the explosion he did to at any timed minutes apart followed by gunfire. the attack was blamed on terrorists. damascus has been rocked by a series of bombings in recent months as the uprising against president bashir al assad's okay late. >> egypt's president is scheduled to address the u.n. general assembly. on tuesday president obama addressed the general assembly. >> i would like to begin today by telling you about an american named chris stevens. >> reporter: the president told world leaders that the slain u.s. ambassador to libya, chris ste vaccines, had gone to benghazi to establish a cultural center and help modernize a hospital. >> today we must declare this violence and intolerance has no place. >> reporter: it's still unclear what motivated the terrorist attack but president obama focused on that anti-muslim video made in califor
't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about your chart was this. i'll tell you what. the president is glad the election is only 39 days away. because yesterday kind of quietly, i don't want to get wonky, we had dismal economic data. we referenced it at the top. durable goods was terrible. boeing sold only one aircraft in august. gdp was revised down. 25% of people, i can't remember the source of the poll, basically said they'll slow down spending because of the fiscal cliff issue. things are slowing down because people, smart viewers of "morning joe" and cnbc know that we're going to get the biggest tax hike in history if congress doesn't do something so the economy is
graduates a four-point deficit, and the right hand column you see how much demographic change we have just in the last four years based on current population survey eligible voters. according to be sedated, we've seen an increase of three points in the share of eligible voters were minority's and a decrease of three points in the share of voters who are white noncollege or working class. that's quite a lot of change in a short period of time. let's just think a bit about what these figures mean, the figures from 2008 and the figures for today. even though it looks like the minority vote usher should go up, let's just say it does not. but let's say that obama gets again the 80% of the minority vote he got in the 2008. let's get nearly loses white college graduates by four-point. it means that you actually be competitive in this race, mitt romney would have to get double john mccain's margin of 18 points among the white working class in this election. that's youth turnout doesn't change among minority's despite the shifts in eligible voters. if this does get realize, let's say minority vote
to spend more money on defense, and you're going to cut the deficit all at the same time, and your answer is, i don't really have time. >> right,. [ laughter ] >> my 9-year-old niece in the fourth grade, she can't tell her teacher, you know, i don't have time to show you the math, trust me, this is the answer. it's not going to work. we want to hear from you 1-866-55-press. we're going to talk a little bit about paul ryan. we're going to talk a little bit about the debates answered we're going to hear a little bit more from mr. ryan as he talks about his -- as you talks about how he can't show us the math and how he has plans, failed plans for medicare cutting taxes and for america, right after this. >> on your radio and on current t.v., this is the bill press show. ♪ unrivaled analysis and commentary. >> you're going to hear that used as a major talking point. (vo) the only network with real-time reaction straight from the campaigns and from viewers like you. >>now that's politically direct. >> this is the bill press show live on your radio and current tv. >> good morning i'm jamal
Search Results 0 to 22 of about 23 (some duplicates have been removed)